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Asian stocks mixed as trade wars deplete sentiment

2025-03-20 00:00:00

HONG KONG, March 19 (AFP): Asian markets were mixed and gold hit another record high Wednesday as trade war worries cast a shadow and geopolitical concerns returned to the fore.The tepid start to the day followed tech-led losses on Wall...

BKB Holds Draw of 'Remittance Festival 2025'

2025-03-20 00:00:00

Bangladesh Krishi Bank (BKB) conducted a lottery draw of the first phase of the 'Remittance Festival 2025' on the occasion of Eid-Ul Fitre at the bank's boardroom using a digital platform on Tuesday. Managing Director of the bank Sanchia Binte...

JANATA BANK DHAKA NORTH BRANCH MANAGERS’ CONFCE HELD

2025-03-20 00:00:00

The Dhaka north divisional branch managers' conference of Janata Bank PLC was held on Wednesday. Chairman of the bank M Fazlur Rahman joined the conference as the chief guest. Managing Director Md Mazibur Rahman and Deputy Managing Directors Md. Golam...

MERCANTILE BANK WORKSHOP ON 'PREVENTION OF MONEY LAUNDERING'

2025-03-20 00:00:00

The Mercantile Bank Training Institute organised a daylong workshop on 'Prevention of Money Laundering & Combating the Financing of Terrorism' recently. The bank's Managing Director Mati Ul Hasan inaugurated the workshop. Shamim Ahmed, deputy managing director (DMD) and CAMLCO of...

UCB signs MoU with RAISE Project to support returnee migrant workers

2025-03-20 00:00:00

United Commercial Bank (UCB) PLC and the RAISE Project, which is under the Wage Earners Welfare Board (WEWB), have recently signed a Memorandum of Understanding (MoU) to help returnee migrant workers access finance for entrepreneurship. UCB's Additional Managing Director Adnan...

BEPZA chief eyes big push for high-end product manufacturing

2025-03-20 00:00:00

Bangladesh Export Processing Zones Authority (BEPZA) Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman expected that the upcoming visit of Chief Adviser (CA) Prof Dr Muhammad Yunus to China would open the door to setting up Chinese high-end electrical...

National Tea's placement share subscription resumes today

FE REPORT | 2025-03-20 00:00:00

The National Tea Company's placement shares subscription will resume today and continue until March 27 for raising capital of Tk 2.80 billion.Earlier, the stock market regulator has given consent to the extension of the time until March 31 for raising...

Stock market task force to propose sweeping reforms to public issue rules

MOHAMMAD MUFAZZAL | 2025-03-20 00:00:00

A task force on the country's capital market reforms is set to deliver a series of recommendations aimed at overhauling public issue rules to attract good companies to the stock market and enhance its depth.One of the crucial proposals from...

Al-Arafah Islami Bank holds 419th board meeting

2025-03-20 00:00:00

The 419th board meeting of Al-Arafah Islami Bank PLC was held on Wednesday. Chairman of the bank Khwaja Shahriar presided over the meeting. The overall business performance of the bank was reviewed and several policy decisions were taken at the...

Troubled banks seek liquidity support

2025-03-20 00:00:00

Several financially strained banks have sought additional liquidity support from Bangladesh Bank to meet the surge in cash withdrawals ahead of Eid-ul-Fitr, reports UNB.According to central bank sources, at least six banks have requested for Tk 50 billion (5,000 crore)...

Govt intervention drops air ticket fares by 75pc: ATAB

2025-03-20 00:00:00

Air ticket prices, particularly for flights to various destinations in Saudi Arabia, have fallen by nearly 75 percent following the government's intervention and the implementation of stricter regulations, according to the Association of Travel Agents of Bangladesh (ATAB), reports BSS.Between...

Ctg customs revenue up 11pc in eight months of FY25

2025-03-20 00:00:00

CHATTOGRAM, Mar 19 (UNB) - Despite political instability, Chattogram Customs House, the country's largest customs station, has collected Tk 482.71 billion (48,271 crore) in revenue in eight months of the fiscal year 24-25, showing a significant increase of 11 %...

BRAC Bank to provide financial assistance to 300 CU female students

2025-03-20 00:00:00

BRAC Bank has expanded its 'Aporajeyo TARA' scholarships programme to provide financial assistance among 300 female students from the Faculty of Business Administration and the Faculty of Arts and Humanities at the University of Chittagong (CU), says a press release.In...

Low egg price during Ramadan means losses for farmers

SULTANUL ISLAM | 2025-03-20 00:00:00

While consumers are happy with the low price of eggs, layer farmers are making losses. Farmers are selling eggs to traders at Tk 8 per egg (or less), at a loss of roughly Tk 2 per egg. After changing hands,...

Telcos urge NBR to cut telecom tax

FE REPORT | 2025-03-20 00:00:00

Mobile network operators in Bangladesh have urged the National Board of Revenue (NBR) to reconsider the high tax burden on the telecommunication sector, noting that continuous tax hikes have led to a significant decline in mobile and internet users.During a...

Burning the cigarette on both ends

Aulad Maruf | 2025-03-20 00:00:00

The government has been working relentlessly to reduce the consumption of tobacco and achieve a healthier lifestyle for the people of Bangladesh. In an attempt to curb the tobacco consumption rate, the government has implemented two major tax hikes on...

All about protein: Emphasising egg, chicken, fish and soy

Dr. Khaleda Islam | 2025-03-20 00:00:00

Protein is an essential macronutrient made up of amino acids that are crucial for bodily functions such as growth, repair, and maintenance of tissues, as well as metabolic processes, immune function, and hormone production. The human body requires 20 different...

The architecture of control

Serajul I Bhuiyan | 2025-03-20 00:00:00

Throughout history, authoritarian leaders have understood that control over information is synonymous with control over society. Whether through the overt machinations of totalitarian propaganda or the more insidious mechanisms of digital surveillance, the suppression of dissenting voices is a hallmark...

Banking reform a vital step

2025-03-20 00:00:00

Over the past decade, many banks have operated under a dangerous paradox. Despite high levels of non-performing loans (NPLs) and liquidity issues, dividends were easily paid out to shareholders. For example, in 2023, several banks with non-performing loan ratios exceeding...

Waste burning in open area

2025-03-20 00:00:00

Residents of Dhaka's Gopibagh-Golapbag and Maniknagar neighborhoods are grappling with a major problem. Many local people are claiming that unknown outsiders are burning rubbish that they drop at different alleys and street corners. The smoke and stench that arise are...

Efficient use key to energy security

Atiqul Kabir Tuhin | 2025-03-20 00:00:00

Bangladesh is facing a looming electricity shortage this summer as demand is expected to rise from 9,000 megawatts in winter to as high as 18,000 megawatts. To mitigate the impact of this impending crisis, which threatens to severely affect household,...

Exigency of loans for CMSMEs

2025-03-20 00:00:00

The sanctioning of loans for any sector of economy should ideally be decided by factors spurring economic growth. The disbursement of a sizeable percentage of the total disposable loans of banks runs the risk of distorting the natural mechanism of...

Balochistan, BLA, Mahrang and the army

Syed Badrul Ahsan | 2025-03-20 00:00:00

These past few days have been deeply troubling for Pakistan. For the first time since 1971, when Bangladesh's Mukti Bahini guerrillas ambushed the Pakistan army in operations that would leave it exhausted and eventually defeated on the battlefield, the ruling...

Boxing champion Khelif targets 2nd Olympic gold in LA

2025-03-20 00:00:00

Imane Khelif, who won Paris Olympics boxing gold amid a gender-eligibility row, is determined to defend her title at the 2028 Los Angeles Games and says she will not be intimidated by U.S. President Donald Trump, reports Reuters.Trump signed an...

No 'medical items' around Maradona deathbed, says policeman

2025-03-20 00:00:00

SAN ISIDRO, Mar 19 (AFP): A policeman who was among the first on the scene of Diego Maradona's death four years ago, told a court Tuesday he saw no "medical items" in the room where the football legend was receiving...

Bangladesh to tour Pakistan for white-ball series in May

2025-03-20 00:00:00

ARACHI, Mar 19 (Geo Super Tv): The Bangladesh men's cricket team will tour Pakistan for a white-ball series, comprised of three ODIs and as many T20Is in May.The tour will mark Bangladesh's second in as many years. Their previous visit...

Eye on something big against India, says head coach Cabrera

2025-03-20 00:00:00

Bangladesh national football team head coach Javier Cabrera was found hopeful as the Spanish coach is expecting something big against in their AFC Asian Cup Qualifiers match against India, reports BSS."India is a favorite and also one of the strong...

Jashore, Joypurhat road accidents kill five

2025-03-20 00:00:00

A total of five persons were killed in separate road accidents in Jashore and Joypurhat districts on Wednesday, report agencies.In Jashore, three people were killed and two others injured in a collision between an ambulance and an engine-run van on...

Mega project to protect Teesta will turn fruitful

OUR CORRESPONDENT | 2025-03-20 00:00:00

LALMONIRHAT, Mar 19: Several thousand people inhabiting the Teesta River basin in the region are very much hopeful about the outcomes of their long-dreamt mega project to save the Teesta.After a 48-hour protest programme at 11 points of five northern...

China ends two-year ban on Argentina poultry imports

2025-03-20 00:00:00

BEIJING, March 19 (Reuters): China has lifted a two-year ban on poultry imports from Argentina, reopening a key supply channel amid a tit-for-tat trade war with the United States that has led to steep tariffs on U.S poultry.Argentina suspended poultry...